Operating Restaurant
For Sale
Under Contract
$349,000
1508 Washington Street, Waukegan, IL 60085
Business Opportunity, Waukegan, IL
Property SizeContact for details
Lot Size0.11 Acres
Days on Market182
Property Features for 1508 Washington Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
WASHINGTON & LEWIS EAST TO PROPERTY.
Subdivision
Park City / Waukegan
Standard status
Active Under Contract
APN
08204091180000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5160
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Block
Roof type
Rubber
Listing Agency:
Netgar Investments Inc
(847) 263-8100
Listed By:
Porfirio Garcia · License #471005245
(847) 263-8100
Added: Feb 25
Changed: Aug 24
Last Checked: Aug 26 at 12:06PM
MLS# 12557913
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-building restaurant property is currently leased and operating. The structure features block construction, central air conditioning, and a rubber roof on a 0.1148-acre parcel.
The property is located at 1508 Washington Street in Waukegan, Illinois 60085. Its commercial restaurant use and existing lease provide a functioning operating profile for review.
The property is located at 1508 Washington Street in Waukegan, Illinois 60085. Its commercial restaurant use and existing lease provide a functioning operating profile for review.
Key Highlights
- Currently leased and operating restaurant property
- 0.1148‑acre parcel at 1508 Washington Street, Waukegan, IL 60085
- Block construction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Electronics 14%
Family Dollar
Shops & Services
8,372 visits/mo
0.3 miles
Mobil
Shops & Services
3,878 visits/mo
0.3 miles
Shell
Shops & Services
3,390 visits/mo
0.2 miles
Metro by T-Mobile
Electronics
1,677 visits/mo
0.2 miles
Boost Mobile
Electronics
879 visits/mo
0.3 miles
Demographics for 60085, IL
71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Leased restaurant property with block construction, central air, and a rubber roof.
Where is this conventional restaurant located?
The property is located at 1508 Washington Street Waukegan, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Currently leased and operating restaurant property; 0.1148‑acre parcel at 1508 Washington Street, Waukegan, IL 60085; Block construction
